Ross Michael A. 4
4 · 20/20 Biolabs, Inc. · Filed Feb 23, 2026
Research Summary
AI-generated summary of this filing
20/20 Biolabs (AIDX) Director Ross Michael Converts 31 Preferred Shares
What Happened
- Ross Michael, a director of 20/20 Biolabs, had 31 shares of Series A-2 preferred stock automatically converted into 31 shares of common stock on February 19, 2026. The common shares were recorded as acquired at $0.00 per share (a non-cash corporate conversion), and the corresponding 31 preferred-share derivative position was cancelled/converted.
Key Details
- Transaction date: 2026-02-19; Filing date (Form 4): 2026-02-23 (filed within the two-business-day deadline).
- Reported entries: Acquisition of 31 common shares at $0.00 (conversion C); simultaneous disposition of 31 derivative preferred shares (derivative conversion).
- Shares owned after transaction: Not specified in the provided excerpt of the Form 4.
- Footnote: The conversion was automatic upon the company’s common stock listing on the Nasdaq Capital Market; the Series A-2 preferred had no expiration date (Footnote F1).
- No purchase/sale cash transaction occurred—this was a corporate conversion, not a market buy or sale.
Context
- This was a shareholder-preferred-to-common conversion tied to the company’s Nasdaq listing rather than an insider buying or selling for investment reasons. Such conversions are administrative/corporate events and generally should not be interpreted as a trading signal by themselves.
Insider Transaction Report
Form 4
Ross Michael A.
Director
Transactions
- Conversion
Common Stock
[F1]2026-02-19+31→ 31 total - Conversion
Series A-2 Preferred Stock
[F1]2026-02-19−31→ 0 total→ Common Stock (31 underlying)
Footnotes (1)
- [F1]On February 19, 2026, all shares of series A-2 preferred stock held by the Reporting Person were automatically converted into an equivalent number of shares of common stock upon the listing of the Issuer's common stock on the Nasdaq Capital Market. The series A-2 preferred stock had no expiration date.
Signature
/s/ Michael A. Ross|2026-02-23